Neoliberalism and social justice? Reconciling Adam Smith and John Rawls

LSE: Public lectures and events

Contributor(s): Dr Nick Cowen, Dr Paola Romero | This event will explore the relationship between Rawlsian liberal egalitarianism and neoliberalism, based on Nick Cowen's book Neoliberal Social Justice. His timely and provocative book challenges the conventional wisdom that neoliberal capitalism is incompatible with social justice. In the book Nick tackles the crucial intersection of economic liberty and moral philosophy, highlighting the perspectives of John Rawls and Adam Smith. He confronts the ongoing debate between classical and egalitarian liberalism, showing how commerce does more than create consumer goods but also shapes society’s moral character, often in a positive direction. The lecture will explore how and whether market economies can be a driving force for social equality and the case for recognizing basic economic liberties as fundamental rights. This lecture is significant for anyone passionate about political theory, economics, and social justice, as Cowen illuminates the indispensable role of economic activity in developing moral powers.